Dan Kim
Flips for a beginner
Hello BP community!My first RE project will be a fix and flip, just to start gaining capital before getting into buy and hold properties. My question to start is, do you find it best to use hard money to fund the purc...
Andrew O.
Increasing Rent Process
Good afternoon,
I recently purchased a fourplex fully occupied and all tenants are month-to-month paying under market rent. I want to increase their rent and I have a letter written explaining the increase, but I w...
Alyssa K.
Pet deposit for...chickens?!?
We purchased our first investment property this year, and are currently accepting applications. The property is on a 1/2 acre privacy fenced lot, so we are allowing pets as we figure with that large of a yard animal o...
Kristy F.
Advice on inherited, rent-controlled tenants demanding upgrades
Hello all, I'm a new landlord and recently purchased a triplex in San Francisco that came with tenants. One couple in the building has been there for 15 years and is paying $1000 below market rate. After I purchased t...
Scott Trench
POLL: Landlords - Do You Invest in Real Estate with an LLC?
Wow! Our last poll had over 700 responses! Because I think the last poll generated a ton of interest, I'm going to start doing this regularly until someone stops me or I run out of questions to ask :) This week, the p...
Daniel Guillermo
IRA Custodian recommendation
I have decided to open a self-directed IRA to invest in rental property. I was wondering if anyone could recommend an IRA custodian that I could use. I'd like one that is easy to work with and has reasonable fees...
Alex Hart
Attorney & Safe Act
Just got finished talking with my attorney about the whole Safe Act issue and mobile home dealers license for Ohio. According to him I will not be able to do Lonnie deals here in Ohio, unless I find some creative way ...
Charles H.
Strategy when making an offer on WAY overpriced building
Hello all,so I found a 10 units building, that is apparently with 50% vacancy. Not much info except that it is listed with the potential GRI of $70500. it's listed for $450,000 (lol). Not renovated in a while. Roof se...
William Hochstedler
Can I tie up a short-sale property while I wait for it to foreclose?
A client (buyer) came to me interested in a listed house in the pre-foreclosure process. The listing agent is not local and doesn't impress me as being able to get a short sale done as there are 4 trust deeds on t...
Suzan Suzan
free proof of funds letter
hi.. how can apply for proof of funds with no address required. thanks much newbie on board